Transfer penalty inappropriate because real property was sold for current market value.

Topic: Medicaid Eligibility, Decided by: Judge Malihi 
Docket Number: ******* , Decision Date: January 10, 2017 
Attachment: Click here to download the decision. 

A nursing home resident proved that his property was worth significantly less than was alleged by the Division of Family and Children Services by submitting the affidavit of a realtor and a retroactive broker’s price opinion.  Therefore, DFCS’s assessment of a transfer of assets penalty was inappropriate.

Scroll to Top